IN THE HIGH COURT OF JUSTICE

CHANCERY DIVISION

COMPANIES COURT

No. 2362 of 2006

In the Matter of

GE FRANKONA REASSURANCE LIMITED

and

In the Matter of

SWISS RE LIFE & HEALTH LIMITED

and

In the Matter of

SWISS REINSURANCE COMPANY

and

In the Matter of

THE FINANCIAL SERVICES AND MARKETS ACT 2000

Notice is hereby given that GE Frankona Reassurance Limited (“ GE Reassurance ”) and Swiss Re Life & Health Limited (“ Swiss Re Life & Health ”) and Swiss Reinsurance Company (“ Swiss Re ”) presented an application to the High Court of England and Wales (the “ Applicatio n”) pursuant to Part VII of the Financial Services and Markets Act 2000 (“ FSMA ”) for an order

(1)	under section 111 of FSMA sanctioning the scheme (“ Scheme ”) to transfer.
(a)	the life and health reinsurance business, excluding the business carried on by the French branch of GE Reassurance, to Swiss Re Life & Health; and
(b)	the business carried on by the French branch of GE Reassurance to the French branch of Swiss Re,
(2)	under section 112 of FSMA making ancillary provisions to implement the Scheme.

A copy of the report (the “ Report ”) prepared by an independent expert, Mr Nicholas Dumbreck of Watson Wyatt Limited, a Fellow of the Institute of Actuaries, pursuant to section 109 of FSMA. on the effects of the Scheme on the policyholders of GE Reassurance, Swiss Re Life & Health and Swiss Re and a copy of a statement setting out a summary of the terms of the Scheme and the Report (the “ Summary ”) will be made available free of charge to anyone requesting such copies from the date of publication of his notice until the date on which the Scheme will be heard before the Court by contacting GE Reassurance by telephone on +44 20 7847 3573 or in writing to Regis House, 45 King William Street, London EC4R 9AN (For the Attention of The Transfer Team) or Swiss Re by telephone on +44 20 7933 4680 or in writing to 30 St Mary Axe, London EC3A 8EP (For the Attention of the Transfer Team). A copy of the full Report and the Summary can be viewed on www.geinsurancesolutions.com or www.swissre.com/geispartvii

All claims in relation to the transferring businesses currently being dealt with by or on behalf of GE Reassurance will, after the proposed transfers, be handled by or on behalf of Swiss Re Life & Health and Swiss Re (the “ Transferees ”). Future claims arising under the policies of reinsurance included in the transferring businesses will be similarly dealt with by or on behalf of the relevant Transferee. The proposed transfers will secure the continuation by or against the relevant Transferee of any legal proceedings currently pending by or against GE Reassurance that relate to the rights and obligations in respect of the transferring businesses.

The Application is directed to be heard before a Judge of the Chancery Division at the Royal Courts of Justice, the Strand, London WC2A 2LL on or about 7 June 2006 and any person, including any employee of the Transferees or an employee engaged in the transferring businesses, who claims to be adversely affected by the carrying out of the Scheme may appear at the time of the hearing in person or by Counsel and/or by making written representations. Any person who intends so to appear, and any policyholder of GE Reassurance or the Transferees who dissents from the Scheme but does not intend so to appear, should give not less than two clear days notice prior to the hearing date in writing of such intention or dissent, and the reasons relating thereto, to the Solicitors named below.

Dated this 14 April 2006

Clifford Chance Limited Liability Partnership of 10 Upper Bank Street, London E14 5JJ

Solicitors of GE Frankona Reassurance Limited

Reference Number: AAE/TACP/70-40003979

Herbert Smith Limited Liability Partnership of Exchange House, Primrose Street, London EC2A 2HS

Solicitors of Swiss Reinsurance Company UK Limited

Reference Number: 3816/2067/30859538